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An Advanced, Strong, Healthy, Full Mouth Replacement System.
Advanced Digital Technology
Exceptional Customer Experience
Outstanding Value
Get teeth that look, feel, and work like teeth with a Renew implant supported anchored smile.
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Renew Parker
1550 S Potomac St., Suite 350 Aurora, CO 80012
720-778-2084
| Sunday | Closed |
| Monday | 8 AM - 5 PM |
| Tuesday | 8 AM - 5 PM |
| Wednesday | 8 AM - 5 PM |
| Thursday | 8 AM - 5 PM |
| Friday | Closed |
| Saturday | Closed |
Our Contact Center is Standing by and Available:
Monday - Friday: 6:00am to 7:30pm MST
Saturday - Sunday: 7:30am to 5:30pm MST
Dental Implants Near Parker, CO
Facing life with a smile is hard when you're missing some or all of your teeth. Dental implants are an advanced, reliable, tooth replacement solution to help you chew better, feel better, and live healthier - all on your terms.
Overview
Our teeth play a major role in our daily lives. We use them to break pieces of food apart so that we can digest meals properly. They allow us to speak and communicate effectively by helping us form sounds and words. From an appearance standpoint, they help define how we smile, express emotion, and interact with people. But our teeth also affect our health. Poor dental hygiene can lead to a range of diseases and other concerns. In essence, our teeth are paramount to our emotional, physical, and social well-being.
It makes sense, then, that life gets harder when some or all of your teeth are missing. Unfortunately, missing teeth is a common issue in the United States. Almost one-third of Americans are missing teeth. In the next 15 years, half a billion Americans will need new pearly whites.
Whether due to genetics, accidents, or neglect, losing your teeth hurts – both emotionally and physically. And, up until now, it was unbelievably expensive to have them replaced.
Fortunately, with Renew's state-of-the-art dental implants Near Parker, CO, you can get a new set of teeth easier, faster, and healthier than ever before. The best part? You don't have to spend sports-car levels of money to get the full set of teeth you need.
Renew, Reviewed
Read the reviews of our satisfied Members
This was the best team of staff I have been around in a long time. The staff was clearly having a busy day but still took the time to make my family member feel like they were the only patient there. We were truly impressed with your facility and the caring staff and friendly can do attitude and smiles, we would gladly recommend this place to anyone in need!
I have had a fantastic experience with my new dentures. Best decision I had ever made.
I had the pleasure of experiencing the honesty and integrity of this company and their recommendation for my situation.
My mom went to get her teeth done here and all she has been talking about is how great the process was and how Dr . Abery and Jonathan were so kind, helpful and amazing! Thank you guys for helping my mom with her amazing teeth!
I came in for a consultation and was helped by Piper, I have to say she was absolutely amazing from start to finish she was very professional, showed genuine compassion for my particular situation, not judgmental at all ( I was concerned that I would face some type of judgment) but I was treated very well I could rant and rave for hours and still not be able to express how great my experience was!
I went in for my free consultation not really knowing what to expect. I quickly learned i was definately in the right place for my new teeth. I felt comfortable with the friendly knowledgeable staff as i was x-rayed. Then Piper went over the entire procedure: timeline, surgery, expectations, dentures, warranty and financing with me. She's like a ray of sunshine and i couldn't be happier with the c
This office is awesome! The staff is the best and they have done such a beautiful job on my mouth. It was so bad and I was going to give up looking because my budget was 20,000$. I know it can cost more with bone loss, so I’m not giving you a quote. But God blessed me with them and it was worth the wait to find them. Thank you Dr Avery, Sara, Mary and all your ❤️ staff for being so kind to m
Going to this location and getting anchored dentures was the best decision I could have made. I have had them for about 1 year and I love them. I was constantly in pain. They pulled all my teeth out, put in implants and gave me set of temp dentures til my gums healed and that pain never came close to the pain I was in. The key thing that makes these work without any issues is following their instr
From the very beginning, they were, and still are, absolutely amazing! I mean from my very first consultation, through my surgery, and post care. I feel like a completely new person and I owe it all to the team at Renew! Nikki, Allison, Maria, Gabby, and Dr. Avery - thank you all for the excellent care you have provided. Thank you for the compassion you have shown. You all have changed my life and
Had a great experience. Love my new smile. Dr. Avery is very professional and created me a beautiful smile. It’s changed my life forever. I’m very happy with my experience.
What are Dental Implants?
Dental implants are a popular option for replacing missing teeth. Unlike some dental clinics that require multiple procedures, Renew's tooth replacement systems require just one surgical appointment. With regular care and professional cleaning from your dentist, your implants can last for the rest of your life.
Dental Implants 101
Dental implants are often the preferred choice for people considering total mouth restoration. Unlike temporary options, dental implants give you a permanent solution for preventing bone loss and renewing your smile. They're created using a small, threaded post that conforms to your jawbone over time. This fusion creates a double-strong anchor that secures your new teeth. Though dentures have a reputation for slipping and sliding in your mouth, dental implants always stay put. If you've been missing out on delicious flavor profiles or the chance to speak confidently, dental implants can be life-changing.
Typical dental implants are made up of three different parts:
Threaded Implant
You can think of this titanium screw as a new root for your teeth. It's anchored to your jaw during dental implant surgery.
Abutment
An abutment is a small connector prosthetic that connects your dental implants and false teeth. You can think of an abutment as the foundation for your new teeth.
Crown
The crown of your new tooth is the visible part that you and others see in your mouth. Crowns are made using gorgeous materials and function just like other healthy teeth in your mouth.
Top Signs You Need Dental Implants Near Parker, CO
Dental implants can all but eliminate the need for repetitive dental work and dealing with missing teeth. Since they act like natural teeth roots, they stimulate your jaw, which prevents it from deteriorating. Plus, dental implants are placed with extreme care by experts, so you don't have to worry about damaging any healthy teeth. It's pretty clear that dental implants are great - but when do you need to get them? Here are a few common signs that you may be a good candidate.
One of the top reasons why people choose dental implants is that they're missing several or all of their teeth. Missing teeth can cause issues with self-consciousness and make it difficult to eat in general. Because dental implants replicate your natural teeth, they can help restore confidence and make eating easier and more enjoyable.
Some people who have dentures, partials, or bridges still feel insecure about their smiles. And that's a shame because nobody should be embarrassed by their smile. If you feel that way, know this: You deserve to feel proud about your smile. Fortunately, dental implants can help. Dental implants can take your confidence to a whole new level. Those days and nights you spent refusing to smile for pictures... Forget about them. Better days are ahead when you have dental implants.
When you have missing teeth, it can be hard to indulge in your favorite foods. It seems like you're constantly on edge due to the pain and inconvenience. When you have dentures, you have to avoid a whole range of foods, like grilled meats and more. With dental implants from Renew you can have your steak and (literally) eat it, too.
One of the biggest downfalls of dental solutions like dentures is that they don't stimulate your jawbone. When your jawbone isn't stimulated correctly, you will eventually suffer from bone loss. This bone loss can create a sunken-in facial appearance. Dental implants fuse with your jawbone, providing the much-needed stimulus that prevents this from happening.
If you or someone you know has had dentures, you know that using them and keeping them clean can be a hassle. After eating, you've got to take them out to be cleaned. Sometimes, you've got to apply denture adhesives to keep them in place. For most people, denture care is messy and monotonous. If you're sick of dealing with sticky adhesives and loose dentures in your mouth, you may want to consider dental implants.
What are the Benefits of Dental Implants?
One of the biggest reasons why people choose dental implants is that they look, feel, and work like natural teeth. Dental implants provide several other benefits, including:
Restored Function
If you've lost some or all of your teeth, you're missing out on a slew of functions that make life easier. With dental implants, you benefit from the same functionality as natural teeth.
You can bite into and chew tougher foods that you love, since your bite force is restored.
Dental implants fill in for missing molars, which helps you digest food better.
Dental Implant full mouth restoration options include both fixed removable and non-removable options. In both instances, you can brush just as you would with your natural teeth. With fixed removable solutions, the teeth can come out for extra cleaning and snap right back in. With fixed non-removable options, the teeth stay put and can not be removed, other than by a dental professional for deep cleaning.
Reliability
Dental implants eliminate one of the biggest concerns that denture-wearers have: their teeth slipping out of their mouth accidentally in public. Unlike dentures, implants are placed securely in your jaw. That means you can eat, talk, smile, and laugh without having to be nervous.
Lifetime Use
Some dental solutions for missing teeth only last for a few years. When cared for properly, dental implants can last for the rest of your life. Dental implants Near Parker, CO from Renew can cost up to 60% less than other dental implant options and come with a Lifetime Guarantee, making them an outstanding value.
Jaw Strength
When there are gaps in the jawbone due to missing teeth, the bone in those areas can start to weaken from lack of stimulation. If the empty space isn't addressed quickly, the bone can lose up to 25% of its volume and will continue to deteriorate over time. Dental implants stimulate your jaw again, which strengthens your jawbone and prevents it from deteriorating.
Avoid a Sunken-In Face
When your jawbone starts to deteriorate, the lower third part of your face can begin to sag or look sunken in due to bone loss. Because dental implants integrate with your jawbone and stimulate it daily, you can avoid a sunken facial appearance.
One Affordable Cost
Renew has transformed our members' lives with quality dental implants at prices far below the national average. That's because we believe smiles should be accessible to all. Renew doctors examine the oral health of every new patient who walks through our doors. We then develop a customized dental implant treatment plan to meet their needs. This allows our experts to provide pricing that is upfront, fixed, and affordable. No hidden costs, ever.
We're able to provide outstanding value on your new teeth because we pass our savings along to you. Here's how:
- Quick, Digital Processes
- Lifetime Savings Guarantee
- Better Negotiated Lender Rates
Renew is so committed to bringing back your smile that we created the Renew Patient Financing Program. When you sign up, you can find low monthly payment options with higher approval rates. Bad credit? No problem. Renew works with you to build a plan that's right for you and your budget.
Talk and Eat Comfortably
When it comes to replacing missing teeth, dental implants are often considered the "gold standard" solution. That's because they feel, function, and look like actual teeth. Because they replicate natural teeth, you can feast on your favorite foods. You can talk to strangers with confidence. Perhaps most importantly, you can flash that beautiful smile again without feeling embarrassed. Unlike Renew's full mouth reconstruction, traditional dentures limit your food choices, have to be replaced, and are generally more difficult to wear.
What is Full-Mouth Restoration?
A full mouth restoration, as the name suggests, involves rebuilding or replacing every tooth in your mouth. This procedure combines elements of dentistry and cosmetic surgery to restore both the function and structure of your teeth.
Your teeth are responsible for more than making your smile unique. They help you eat and communicate, too. When you lose your teeth, life changes. It's just that simple. Factors like poor dental care or mouth injuries can cause partial or complete tooth loss. In such situations, a dentist's goal is to restore your oral health and bring back your smile. At Renew, we do full dental replacements. They're not for everyone, but for those who need them, they're a great solution. But what does full mouth reconstruction entail? Let's dig in and find out.
A full-mouth reconstruction - also called a total or full-mouth restoration begins with extracting any remaining teeth before restoration can begin. If you have many missing teeth or your teeth are severely damaged or worn down, you may want to consider this procedure.
You may also want to think about full mouth restoration if you have specific dental conditions. For instance, amelogenesis, a disorder that causes teeth to develop in unusual shapes, and ectodermal dysplasia, which affects both skin and teeth, may require comprehensive reconstruction as you get older.
Dental implants can fully restore your mouth without needing to rely on dentures or bridges. As we covered above, dental implants consist of a titanium post that is implanted into your jawbone. As the process of osseointegration progresses, the surrounding wound heals, firmly anchoring the post in place. Teeth are attached to the implants, restoring both the appearance and function.
Did you know that one-tenth of people in the United States are missing all of their teeth? One of the most common reasons for missing teeth is tooth decay, a problem that affects many individuals, not just those who have lost teeth. While some of us may have had more dental fillings than others, we all continually battle against tooth decay.
Bacteria naturally inhabit our mouths, and when they feast on the sugars and starches from our food, they produce an acid that can harm our teeth. This acid gradually erodes the protective layer known as enamel. Once the enamel is compromised, the inner structures of our teeth can begin to decay. Keep an eye out for these signs of tooth decay:
- Pain or Dull Aches
- Sensitivity to Cold and Hot Temperatures
- Sensitivity to Sweet Drinks and Foods
- Pain
- Swelling
- Fever
- Infection
When left untreated, tooth decay can rot your teeth and cause them to fall out. Along with tooth decay, be aware of these additional risk factors that cause your teeth to fall out.
Gum Disease
Gum disease and tooth loss often go hand-in-hand. Gum disease is a bacterial infection of the gums that can result in serious health problems. If the infection progresses, it can damage the bone that supports your teeth, potentially leading to tooth loss. You might notice swelling or redness in your gums, but often, the condition isn't painful, which means you might have it without even realizing it. If left untreated, gum disease can not only cause your teeth to fall out but also allow the infection to spread to other areas of your body.
A big cause of gum disease is from plaque accumulating on your teeth. Other factors that increase the likelihood of gum disease include:
- Frequent Alcohol Consumption
- Using Tobacco Products
- Clenching or Grinding Your Teeth
- Genetics
- Poor Nutrition
- Diabetes
- Autoimmune Conditions and Diseases
Tooth Injuries
Losing your teeth due to an injury is a fairly common occurrence, especially for MMA fighters and boxers. But you don't have to be a combat sports athlete to lose your teeth. It can happen due to an injury, car accidents, accidents at work, or just getting hit in the face with a ball really hard, it doesn't take that much force to damage teeth and ruin someone's smile.
Missing teeth impact your oral health, but they also take a toll on your emotional and mental well-being. Ask yourself these questions:
- Do you always turn down social gathering invitations?
- Do you make it a point not to smile in photos?
- Do you think you need to cover your mouth when you laugh to avoid embarrassment?
Renew's full mouth restoration can be the solution you've been searching for.
Steps of a Dental Implant Procedure
Have you ever wondered what's involved in a dental implant procedure and how long it takes? In the past, dental implant procedures were often considered long and painful. Today, dental implant surgeries are streamlined and tailored to your unique dental needs. At Renew, you can have new dental implants with a single surgery.
No, we're not pulling your leg. All it takes is one surgical appointment to get dental implants that feel, look, and function like natural teeth. By fixing your teeth on the same day as your surgery, treatment and recovery times are reduced. When your implant procedure is finished and you're fully healed, the sparkling-white teeth of your dreams become a reality. That crispy, juicy apple that's been calling your name? Go ahead and dig in. It's time to savor the flavor of life.
To help you make a more informed decision about dental implants Near Parker, CO, let's explore more about the treatment process.
Free Consultation and 3-D CAT Scan
Having your teeth replaced involves an initial consultation with our experienced Dental Team and Education Consultant. You'll receive a free 3-D CAT Scan, which will allow our doctors to see your mouth in three dimensions. We develop your custom treatment plan using this advanced technology. During your free consultation, our dental implant experts will meet with you to talk about your needs. We'll also chat about any concerns you have. Once we determine you're a great candidate for Renew, we can schedule your single-day surgery.
Dental Implant Procedure Day
The day you've been waiting for is finally here. Renew's dental implant procedure should only take a few hours. Once we're ready, our doctors use advanced surgical guides and scans to meticulously place your implants. Once your implants are placed, we attach new teeth. This allows you to speak, eat, and smile with confidence as you heal. And, since this is a medical procedure, IV sedation is used to keep you as comfortable as possible.
Time to Heal
Once your procedure is over, it's time to heal. We'll provide you with helpful information on how to manage pain, should you experience any soreness. Healing varies from person to person, but you should expect some mild discomfort and swelling.
Restoration
Four months after surgery, you receive a set of permanent, strong teeth that are attached and fixed for the non-removable option, or teeth that snap securely in place for the removable tooth replacement option.
Practice Good Oral Hygiene
You want your teeth to stay fresh and clean as time goes by. That's why the last stage of your dental implant procedure is maintenance. By practicing good oral hygiene and attending regular dental check-ups, the smile of your dreams can last a lifetime.
How to Care for Your Dental Implants Near Parker, CO
Dental implants are one of the most popular restoration options for people who have lost several teeth or have had to have many teeth extracted. They've got an incredible long-term success rate, but to keep them looking and feeling like your natural teeth, you've got to care for them like your natural teeth. Here are a few tips on how to do just that.
Make Regular Appointments with Your Dentist
If there's one takeaway you should focus on in this list, it's that regular dentist appointments are key to dental implant longevity. Just like your natural teeth, dental implants benefit from routine cleanings. Regular appointments allow your dentist to catch any early signs of implant issues, enabling timely intervention if needed. Additionally, your hygienist will skillfully remove any plaque that accumulates around your gums, which is crucial for reducing the risk of implant infections.
Don't Smoke
It should go without saying that smoking tobacco products is one of the worst things you can do to your body. It can lead to cancer and many other diseases and conditions. But smoking can also inhibit healing after a dental implant procedure. Plus, it can darken your new teeth and cause yellow stains. If you smoke cigarettes, cigars, or other forms of smokable tobacco, you should stop before and after your procedure. For the best long-term results, you should quit smoking altogether.
Brush Your Dental Implants
As mentioned previously, taking care of your implants is just as crucial as maintaining your natural teeth. That means you should be brushing at least twice a day with a soft-bristle toothbrush. When brushing, it's best to use a low-abrasive toothpaste that offers tartar control. If you're unsure what brand to buy, your dentist can provide recommendations that sync with your budget and preferences.
Watch What You Eat
Speaking of food, one of the biggest perks of getting a full-mouth restoration with dental implants is that you can drink and eat almost anything your new teeth can tolerate.
Be Alert and Listen to Your Body
Staying vigilant is one of the best ways to prevent implant failure. It's important to recognize the common signs that something might be wrong and to seek treatment as soon as you notice any issues. Early intervention can often save your implants. Don't hesitate to reach out for dental care if you experience pain or swelling around your implants.
Don't Ignore Aftercare Instructions
After your dental implant procedure, you'll receive a detailed list of aftercare instructions to facilitate a smooth recovery. Follow these guidelines closely for as long as your doctor advises. Sticking to these recovery instructions can significantly reduce the risk of early implant failure due to improper healing.
Put Your Smile in Renew's Hands
Renew was founded with one goal in mind: To make beautiful, strong teeth accessible to all. So, along with a team of scientists and doctors, Founder Dr. Don Miloni developed a new way to do teeth. Over 100 million dollars have been invested in crafting strong, hardy, healthy teeth. To date, we are backed by over 80 patents. We've achieved a shorter surgery time, which means a faster recovery. And we have changed countless of people's mouths (and lives). All for a fraction of traditional costs. Because everyone deserves to smile. It's the reason we get up every single day.
At this point, we know you may have questions. It would be our pleasure to help answer them. If there's one thing you can count on, it's that our team is here for you when you need us most. From our customer service team to our experienced staff of doctors and expert technicians, you can expect comprehensive care along every step of your dental implant journey. Contact Renew today. After your free consultation, you can look forward to a better tomorrow.
Latest News in Parker, CO
Banque Cantonale Vaudoise Sells 828 Shares of Parker-Hannifin Co. (NYSE:PH)
MarketBeathttps://www.marketbeat.com/instant-alerts/banque-cantonale-vaudoise-sells-828-shares-of-parker-hannifin-co-nyseph-2024-11-22/
Banque Cantonale Vaudoise lowered its holdings in Parker-Hannifin Co. (NYSE:PH - Free Report) by 63.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 485 shares of the industrial products company's stoc...
Banque Cantonale Vaudoise lowered its holdings in Parker-Hannifin Co. (NYSE:PH - Free Report) by 63.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 485 shares of the industrial products company's stock after selling 828 shares during the period. Banque Cantonale Vaudoise's holdings in Parker-Hannifin were worth $306,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. SouthState Corp lifted its holdings in shares of Parker-Hannifin by 4.9% in the 3rd quarter. SouthState Corp now owns 30,761 shares of the industrial products company's stock worth $19,435,000 after acquiring an additional 1,436 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its stake in Parker-Hannifin by 4.4% in the third quarter. Fifth Third Wealth Advisors LLC now owns 1,399 shares of the industrial products company's stock worth $884,000 after buying an additional 59 shares in the last quarter. Prospera Financial Services Inc grew its stake in Parker-Hannifin by 37.0% in the third quarter. Prospera Financial Services Inc now owns 1,347 shares of the industrial products company's stock worth $853,000 after purchasing an additional 364 shares during the period. Verity & Verity LLC bought a new position in shares of Parker-Hannifin in the 3rd quarter worth about $234,000. Finally, OneAscent Financial Services LLC bought a new position in shares of Parker-Hannifin during the third quarter valued at approximately $785,000. Hedge funds and other institutional investors own 82.44% of the company's stock.
Wall Street Analysts Forecast Growth
Several analysts have commented on the company. KeyCorp lifted their target price on Parker-Hannifin from $725.00 to $775.00 and gave the stock an "overweight" rating in a report on Thursday. TD Cowen upped their target price on shares of Parker-Hannifin from $520.00 to $575.00 and gave the company a "hold" rating in a report on Tuesday, November 12th. Truist Financial lifted their price objective on Parker-Hannifin from $673.00 to $788.00 and gave the company a "buy" rating in a research report on Wednesday, October 9th. Robert W. Baird upped their target price on shares of Parker-Hannifin from $695.00 to $710.00 and gave the stock an "outperform" rating in a report on Friday, November 1st. Finally, Raymond James lifted their price objective on shares of Parker-Hannifin from $610.00 to $650.00 and gave the company an "outperform" rating in a research report on Wednesday, September 4th. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $691.40.
Check Out Our Latest Stock Report on PH
Insider Activity at Parker-Hannifin
In related news, VP Berend Bracht sold 850 shares of the business's stock in a transaction on Monday, August 26th. The shares were sold at an average price of $592.92, for a total transaction of $503,982.00. Following the transaction, the vice president now directly owns 3,350 shares in the company, valued at approximately $1,986,282. The trade was a 20.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Thomas C. Gentile sold 2,430 shares of the business's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $701.16, for a total transaction of $1,703,818.80. Following the transaction, the vice president now owns 5,465 shares in the company, valued at $3,831,839.40. This represents a 30.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 18,927 shares of company stock valued at $12,807,811. 0.39% of the stock is owned by insiders.
Parker-Hannifin Trading Up 1.8 %
Shares of NYSE PH opened at $702.73 on Friday. Parker-Hannifin Co. has a 1-year low of $426.49 and a 1-year high of $711.60. The company has a 50-day moving average of $645.01 and a two-hundred day moving average of $579.25. The company has a market cap of $90.46 billion, a PE ratio of 31.74, a P/E/G ratio of 2.78 and a beta of 1.43. The company has a current ratio of 0.96, a quick ratio of 0.57 and a debt-to-equity ratio of 0.52.
Parker-Hannifin (NYSE:PH - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The industrial products company reported $6.20 earnings per share for the quarter, beating the consensus estimate of $6.14 by $0.06. Parker-Hannifin had a net margin of 14.47% and a return on equity of 27.95%. The business had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same period in the prior year, the business posted $5.96 earnings per share. Parker-Hannifin's revenue was up 1.2% compared to the same quarter last year. As a group, equities analysts expect that Parker-Hannifin Co. will post 26.77 earnings per share for the current fiscal year.
Parker-Hannifin Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be issued a dividend of $1.63 per share. The ex-dividend date is Friday, November 8th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.93%. Parker-Hannifin's payout ratio is presently 29.45%.
Parker-Hannifin Profile
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.
Featured Articles
Want to see what other hedge funds are holding PH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Parker-Hannifin Co. (NYSE:PH - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Parker-Hannifin, you'll want to hear this.
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While Parker-Hannifin currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
MAI Capital Management Sells 985 Shares of Parker-Hannifin Co. (NYSE:PH)
MarketBeathttps://www.marketbeat.com/instant-alerts/mai-capital-management-trims-holdings-in-parker-hannifin-co-nyseph-2024-11-20/
MAI Capital Management lessened its position in shares of Parker-Hannifin Co. (NYSE:PH - Free Report) by 9.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,085 shares of the industrial products comp...
MAI Capital Management lessened its position in shares of Parker-Hannifin Co. (NYSE:PH - Free Report) by 9.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,085 shares of the industrial products company's stock after selling 985 shares during the period. MAI Capital Management's holdings in Parker-Hannifin were worth $5,740,000 at the end of the most recent reporting period.
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Other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its stake in shares of Parker-Hannifin by 64,081.5% during the third quarter. International Assets Investment Management LLC now owns 381,880 shares of the industrial products company's stock worth $241,279,000 after purchasing an additional 381,285 shares in the last quarter. Mizuho Securities USA LLC lifted its stake in shares of Parker-Hannifin by 3,566.4% in the third quarter. Mizuho Securities USA LLC now owns 363,302 shares of the industrial products company's stock worth $229,541,000 after acquiring an additional 353,393 shares in the last quarter. 1832 Asset Management L.P. lifted its stake in shares of Parker-Hannifin by 305.0% in the first quarter. 1832 Asset Management L.P. now owns 307,794 shares of the industrial products company's stock worth $171,069,000 after acquiring an additional 231,788 shares in the last quarter. AMF Tjanstepension AB raised its stake in Parker-Hannifin by 23.0% during the second quarter. AMF Tjanstepension AB now owns 758,262 shares of the industrial products company's stock valued at $383,594,000 after buying an additional 141,862 shares in the last quarter. Finally, Mackenzie Financial Corp raised its stake in Parker-Hannifin by 107.7% during the second quarter. Mackenzie Financial Corp now owns 271,717 shares of the industrial products company's stock valued at $137,437,000 after buying an additional 140,898 shares in the last quarter. Hedge funds and other institutional investors own 82.44% of the company's stock.
Parker-Hannifin Stock Up 0.1 %
Shares of PH traded up $0.67 during mid-day trading on Wednesday, reaching $690.43. The company's stock had a trading volume of 384,949 shares, compared to its average volume of 642,132. The business has a fifty day moving average of $640.59 and a 200 day moving average of $577.60. The company has a market cap of $88.87 billion, a price-to-earnings ratio of 31.15, a price-to-earnings-growth ratio of 2.82 and a beta of 1.43. Parker-Hannifin Co. has a 1 year low of $426.49 and a 1 year high of $711.60. The company has a quick ratio of 0.57, a current ratio of 0.96 and a debt-to-equity ratio of 0.52.
Parker-Hannifin (NYSE:PH - Get Free Report) last released its earnings results on Thursday, October 31st. The industrial products company reported $6.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.14 by $0.06. Parker-Hannifin had a return on equity of 27.95% and a net margin of 14.47%. The company had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same quarter in the prior year, the company earned $5.96 earnings per share. The company's revenue for the quarter was up 1.2% on a year-over-year basis. As a group, analysts forecast that Parker-Hannifin Co. will post 26.77 earnings per share for the current fiscal year.
Parker-Hannifin Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 8th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend is Friday, November 8th. Parker-Hannifin's dividend payout ratio (DPR) is presently 29.45%.
Insider Transactions at Parker-Hannifin
In other Parker-Hannifin news, VP Thomas C. Gentile sold 2,430 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $701.16, for a total transaction of $1,703,818.80. Following the transaction, the vice president now directly owns 5,465 shares of the company's stock, valued at $3,831,839.40. This represents a 30.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Joseph R. Leonti sold 5,877 shares of the firm's stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $631.04, for a total value of $3,708,622.08. Following the completion of the sale, the vice president now directly owns 15,350 shares in the company, valued at approximately $9,686,464. This represents a 27.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 18,927 shares of company stock valued at $12,807,811. 0.39% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the company. Robert W. Baird upped their price objective on Parker-Hannifin from $695.00 to $710.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Stifel Nicolaus lowered Parker-Hannifin from a "buy" rating to a "hold" rating and set a $691.00 price objective for the company. in a report on Monday. Barclays increased their price objective on Parker-Hannifin from $650.00 to $703.00 and gave the stock an "overweight" rating in a report on Wednesday, October 2nd. KeyCorp increased their price objective on Parker-Hannifin from $640.00 to $725.00 and gave the stock an "overweight" rating in a report on Monday, October 14th. Finally, StockNews.com upgraded Parker-Hannifin from a "hold" rating to a "buy" rating in a research report on Saturday, October 12th. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $688.07.
Read Our Latest Stock Analysis on PH
Parker-Hannifin Company Profile
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.
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Should you invest $1,000 in Parker-Hannifin right now?
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While Parker-Hannifin currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
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Joseph Group Capital Management Purchases 809 Shares of Parker-Hannifin Co. (NYSE:PH)
MarketBeathttps://www.marketbeat.com/instant-alerts/joseph-group-capital-management-has-439-million-holdings-in-parker-hannifin-co-nyseph-2024-11-19/
Joseph Group Capital Management raised its stake in shares of Parker-Hannifin Co. (NYSE:PH - Free Report) by 13.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,942 shares of the industrial produc...
Joseph Group Capital Management raised its stake in shares of Parker-Hannifin Co. (NYSE:PH - Free Report) by 13.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,942 shares of the industrial products company's stock after purchasing an additional 809 shares during the quarter. Parker-Hannifin accounts for 1.7% of Joseph Group Capital Management's portfolio, making the stock its 11th largest holding. Joseph Group Capital Management's holdings in Parker-Hannifin were worth $4,386,000 as of its most recent SEC filing.
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A number of other institutional investors also recently added to or reduced their stakes in PH. Addison Advisors LLC acquired a new position in shares of Parker-Hannifin in the 2nd quarter worth approximately $25,000. West Branch Capital LLC acquired a new position in shares of Parker-Hannifin in the 3rd quarter worth approximately $25,000. Bangor Savings Bank boosted its holdings in shares of Parker-Hannifin by 238.5% in the 3rd quarter. Bangor Savings Bank now owns 44 shares of the industrial products company's stock worth $28,000 after acquiring an additional 31 shares in the last quarter. Fortitude Family Office LLC boosted its holdings in shares of Parker-Hannifin by 346.7% in the 2nd quarter. Fortitude Family Office LLC now owns 67 shares of the industrial products company's stock worth $34,000 after acquiring an additional 52 shares in the last quarter. Finally, Crewe Advisors LLC acquired a new position in shares of Parker-Hannifin in the 1st quarter worth approximately $38,000. 82.44% of the stock is owned by institutional investors and hedge funds.
Parker-Hannifin Trading Down 0.3 %
Shares of PH traded down $2.12 during trading hours on Tuesday, reaching $689.56. The stock had a trading volume of 337,347 shares, compared to its average volume of 643,280. The company has a quick ratio of 0.57, a current ratio of 0.96 and a debt-to-equity ratio of 0.52. Parker-Hannifin Co. has a 52 week low of $426.49 and a 52 week high of $711.60. The firm has a 50-day moving average of $638.42 and a 200 day moving average of $576.52. The company has a market cap of $88.76 billion, a P/E ratio of 31.20, a P/E/G ratio of 2.82 and a beta of 1.43.
Parker-Hannifin (NYSE:PH - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The industrial products company reported $6.20 EPS for the quarter, beating analysts' consensus estimates of $6.14 by $0.06. Parker-Hannifin had a net margin of 14.47% and a return on equity of 27.95%. The business had revenue of $4.90 billion during the quarter, compared to analysts' expectations of $4.90 billion. During the same quarter in the prior year, the company earned $5.96 EPS. The firm's quarterly revenue was up 1.2% on a year-over-year basis. On average, sell-side analysts expect that Parker-Hannifin Co. will post 26.77 earnings per share for the current fiscal year.
Parker-Hannifin Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Friday, November 8th. Parker-Hannifin's payout ratio is presently 29.45%.
Wall Street Analyst Weigh In
Several research analysts have recently commented on the company. TD Cowen boosted their target price on Parker-Hannifin from $520.00 to $575.00 and gave the stock a "hold" rating in a report on Tuesday, November 12th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Parker-Hannifin from $595.00 to $645.00 and gave the stock a "buy" rating in a research report on Friday, August 9th. Raymond James boosted their price objective on shares of Parker-Hannifin from $610.00 to $650.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 4th. Argus boosted their price objective on shares of Parker-Hannifin from $650.00 to $710.00 and gave the stock a "buy" rating in a research report on Tuesday, November 5th. Finally, Evercore ISI boosted their price objective on shares of Parker-Hannifin from $620.00 to $656.00 and gave the stock an "outperform" rating in a research report on Monday, August 19th. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $688.07.
Read Our Latest Analysis on PH
Insider Buying and Selling
In other news, VP Berend Bracht sold 850 shares of the stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $592.92, for a total transaction of $503,982.00. Following the completion of the transaction, the vice president now directly owns 3,350 shares in the company, valued at $1,986,282. This represents a 20.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Thomas C. Gentile sold 2,430 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $701.16, for a total transaction of $1,703,818.80. Following the transaction, the vice president now owns 5,465 shares of the company's stock, valued at approximately $3,831,839.40. This represents a 30.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 18,927 shares of company stock valued at $12,807,811. Company insiders own 0.39% of the company's stock.
About Parker-Hannifin
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.
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Should you invest $1,000 in Parker-Hannifin right now?
Before you consider Parker-Hannifin, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Parker-Hannifin wasn't on the list.
While Parker-Hannifin currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
Swiss National Bank Has $241.04 Million Stock Holdings in Parker-Hannifin Co. (NYSE:PH)
MarketBeathttps://www.marketbeat.com/instant-alerts/swiss-national-bank-has-24104-million-stake-in-parker-hannifin-co-nyseph-2024-11-17/
Swiss National Bank grew its position in Parker-Hannifin Co. (NYSE:PH - Free Report) by 0.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 381,500 shares of the industrial products company's stock...
Swiss National Bank grew its position in Parker-Hannifin Co. (NYSE:PH - Free Report) by 0.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 381,500 shares of the industrial products company's stock after buying an additional 1,300 shares during the quarter. Swiss National Bank owned approximately 0.30% of Parker-Hannifin worth $241,039,000 at the end of the most recent quarter.
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A number of other large investors have also made changes to their positions in the company. CVA Family Office LLC raised its stake in Parker-Hannifin by 3.9% during the 3rd quarter. CVA Family Office LLC now owns 425 shares of the industrial products company's stock valued at $269,000 after purchasing an additional 16 shares during the period. Sonoma Private Wealth LLC raised its position in Parker-Hannifin by 2.9% during the third quarter. Sonoma Private Wealth LLC now owns 667 shares of the industrial products company's stock valued at $421,000 after buying an additional 19 shares during the period. W Advisors LLC lifted its stake in Parker-Hannifin by 3.4% in the 3rd quarter. W Advisors LLC now owns 581 shares of the industrial products company's stock worth $367,000 after acquiring an additional 19 shares in the last quarter. Simmons Bank boosted its position in Parker-Hannifin by 0.7% during the 3rd quarter. Simmons Bank now owns 2,753 shares of the industrial products company's stock worth $1,739,000 after acquiring an additional 19 shares during the period. Finally, American Trust increased its holdings in shares of Parker-Hannifin by 3.2% in the 1st quarter. American Trust now owns 649 shares of the industrial products company's stock valued at $361,000 after purchasing an additional 20 shares during the period. Institutional investors and hedge funds own 82.44% of the company's stock.
Parker-Hannifin Stock Performance
NYSE:PH traded up $1.28 during midday trading on Friday, reaching $698.91. The stock had a trading volume of 530,753 shares, compared to its average volume of 721,063. The stock has a market capitalization of $89.96 billion, a P/E ratio of 31.57, a PEG ratio of 2.82 and a beta of 1.43. Parker-Hannifin Co. has a 1-year low of $425.20 and a 1-year high of $711.60. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.96 and a quick ratio of 0.57. The firm's fifty day simple moving average is $636.19 and its 200-day simple moving average is $575.15.
Parker-Hannifin (NYSE:PH - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The industrial products company reported $6.20 EPS for the quarter, topping analysts' consensus estimates of $6.14 by $0.06. Parker-Hannifin had a return on equity of 27.95% and a net margin of 14.47%. The business had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same period in the previous year, the company posted $5.96 earnings per share. The firm's revenue for the quarter was up 1.2% on a year-over-year basis. On average, equities research analysts forecast that Parker-Hannifin Co. will post 26.77 EPS for the current fiscal year.
Parker-Hannifin Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 8th will be paid a $1.63 dividend. The ex-dividend date of this dividend is Friday, November 8th. This represents a $6.52 annualized dividend and a dividend yield of 0.93%. Parker-Hannifin's payout ratio is 29.45%.
Analyst Ratings Changes
PH has been the subject of several research reports. Barclays raised their price target on shares of Parker-Hannifin from $650.00 to $703.00 and gave the stock an "overweight" rating in a report on Wednesday, October 2nd. Argus lifted their target price on shares of Parker-Hannifin from $650.00 to $710.00 and gave the company a "buy" rating in a research note on Tuesday, November 5th. Wells Fargo & Company upped their price target on shares of Parker-Hannifin from $640.00 to $710.00 and gave the stock an "overweight" rating in a research note on Monday, October 7th. Robert W. Baird lifted their price objective on Parker-Hannifin from $695.00 to $710.00 and gave the company an "outperform" rating in a research report on Friday, November 1st. Finally, Truist Financial upped their target price on Parker-Hannifin from $673.00 to $788.00 and gave the stock a "buy" rating in a research report on Wednesday, October 9th. Two research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock. According to MarketBeat.com, Parker-Hannifin presently has an average rating of "Moderate Buy" and an average price target of $688.07.
Get Our Latest Research Report on Parker-Hannifin
Insider Buying and Selling
In related news, VP Thomas C. Gentile sold 2,430 shares of the business's stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $701.16, for a total value of $1,703,818.80. Following the sale, the vice president now owns 5,465 shares of the company's stock, valued at $3,831,839.40. The trade was a 30.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Berend Bracht sold 850 shares of Parker-Hannifin stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $592.92, for a total transaction of $503,982.00. Following the transaction, the vice president now directly owns 3,350 shares of the company's stock, valued at $1,986,282. This represents a 20.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,927 shares of company stock valued at $12,807,811. 0.39% of the stock is owned by company insiders.
Parker-Hannifin Profile
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.
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Should you invest $1,000 in Parker-Hannifin right now?
Before you consider Parker-Hannifin, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Parker-Hannifin wasn't on the list.
While Parker-Hannifin currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
Mizuho Securities USA LLC Has $229.54 Million Position in Parker-Hannifin Co. (NYSE:PH)
MarketBeathttps://www.marketbeat.com/instant-alerts/parker-hannifin-co-nyseph-shares-purchased-by-mizuho-securities-usa-llc-2024-11-16/
Mizuho Securities USA LLC raised its holdings in shares of Parker-Hannifin Co. (NYSE:PH - Free Report) by 3,566.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 363,302 shares of the industrial product...
Mizuho Securities USA LLC raised its holdings in shares of Parker-Hannifin Co. (NYSE:PH - Free Report) by 3,566.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 363,302 shares of the industrial products company's stock after purchasing an additional 353,393 shares during the period. Parker-Hannifin comprises about 0.6% of Mizuho Securities USA LLC's portfolio, making the stock its 25th largest holding. Mizuho Securities USA LLC owned approximately 0.28% of Parker-Hannifin worth $229,541,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. First Long Island Investors LLC grew its stake in Parker-Hannifin by 0.8% during the 3rd quarter. First Long Island Investors LLC now owns 68,921 shares of the industrial products company's stock worth $43,546,000 after buying an additional 525 shares during the last quarter. KCM Investment Advisors LLC grew its position in shares of Parker-Hannifin by 6.6% during the third quarter. KCM Investment Advisors LLC now owns 2,617 shares of the industrial products company's stock worth $1,653,000 after acquiring an additional 163 shares during the last quarter. Birchcreek Wealth Management LLC bought a new stake in Parker-Hannifin in the 3rd quarter valued at about $222,000. Empowered Funds LLC boosted its stake in Parker-Hannifin by 13.5% during the 3rd quarter. Empowered Funds LLC now owns 2,499 shares of the industrial products company's stock valued at $1,579,000 after purchasing an additional 298 shares during the period. Finally, Empirical Finance LLC increased its stake in shares of Parker-Hannifin by 2.1% in the third quarter. Empirical Finance LLC now owns 4,425 shares of the industrial products company's stock valued at $2,796,000 after purchasing an additional 89 shares during the period. 82.44% of the stock is owned by institutional investors and hedge funds.
Parker-Hannifin Stock Performance
Parker-Hannifin stock traded up $1.28 during mid-day trading on Friday, reaching $698.91. The company had a trading volume of 530,753 shares, compared to its average volume of 645,390. The company has a 50 day moving average of $636.19 and a 200-day moving average of $574.94. Parker-Hannifin Co. has a 52 week low of $425.20 and a 52 week high of $711.60. The company has a quick ratio of 0.57, a current ratio of 0.96 and a debt-to-equity ratio of 0.52. The firm has a market cap of $89.96 billion, a price-to-earnings ratio of 31.57, a PEG ratio of 2.85 and a beta of 1.43.
Parker-Hannifin (NYSE:PH - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The industrial products company reported $6.20 earnings per share for the quarter, topping the consensus estimate of $6.14 by $0.06. The company had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.90 billion. Parker-Hannifin had a return on equity of 27.95% and a net margin of 14.47%. Parker-Hannifin's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm earned $5.96 EPS. On average, sell-side analysts expect that Parker-Hannifin Co. will post 26.77 EPS for the current fiscal year.
Parker-Hannifin Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 8th will be issued a $1.63 dividend. The ex-dividend date is Friday, November 8th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.93%. Parker-Hannifin's payout ratio is presently 29.45%.
Insider Buying and Selling
In other Parker-Hannifin news, VP Berend Bracht sold 850 shares of Parker-Hannifin stock in a transaction on Monday, August 26th. The stock was sold at an average price of $592.92, for a total value of $503,982.00. Following the completion of the transaction, the vice president now owns 3,350 shares in the company, valued at approximately $1,986,282. The trade was a 20.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Andrew D. Ross sold 4,864 shares of Parker-Hannifin stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $706.04, for a total value of $3,434,178.56. Following the completion of the transaction, the chief operating officer now directly owns 13,120 shares of the company's stock, valued at $9,263,244.80. This represents a 27.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 18,927 shares of company stock worth $12,807,811 in the last 90 days. 0.39% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on PH shares. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Parker-Hannifin from $595.00 to $645.00 and gave the stock a "buy" rating in a report on Friday, August 9th. KeyCorp upped their target price on Parker-Hannifin from $640.00 to $725.00 and gave the stock an "overweight" rating in a research report on Monday, October 14th. Barclays lifted their price objective on shares of Parker-Hannifin from $650.00 to $703.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 2nd. Stifel Nicolaus upped their price target on shares of Parker-Hannifin from $633.00 to $691.00 and gave the company a "buy" rating in a research report on Wednesday, October 2nd. Finally, TD Cowen lifted their price target on Parker-Hannifin from $520.00 to $575.00 and gave the company a "hold" rating in a report on Tuesday. Two research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $688.07.
Read Our Latest Stock Analysis on Parker-Hannifin
Parker-Hannifin Profile
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.
Read More
Should you invest $1,000 in Parker-Hannifin right now?
Before you consider Parker-Hannifin, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Parker-Hannifin wasn't on the list.
While Parker-Hannifin currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
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